How Much Did Turn-Tech Raise?
Funding & Key Investors

Turn-Tech, a long-standing provider of global contract machining and manufacturing services, has secured $350K in funding, with a recent strategic investment of $350K. This capital infusion signifies a major milestone for the Texas-based corporation, which has been a key player in the oil and gas sector since 1984, specializing in precision components for both land and subsea applications.

What is Turn-Tech?

Turn-Tech
ManufacturingIndustrial Machinery & Equipment

Established in 1984, Turn-Tech, Inc. operates as a dedicated contract machining and manufacturing entity. The company's core expertise lies in producing intricate parts, components, assemblies, and sub-assemblies tailored for the demanding requirements of the oil and gas industry. Turn-Tech serves a diverse clientele, addressing needs across land-based operations and complex subsea environments. Their commitment to delivering high-quality precision components and comprehensive turn-key assembly solutions supports clients from initial prototyping through to the final product. Leveraging state-of-the-art machining technology and a highly skilled workforce, Turn-Tech maintains rigorous quality control throughout its production cycles, ensuring the integrity and performance of manufactured parts.

How much funding has Turn-Tech raised?

Turn-Tech has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Turn-Tech?

The substantial large-scale, late-stage funding, highlighted by a recent major strategic investment, positions Turn-Tech for significant expansion and operational enhancement. This financial backing is expected to fuel advancements in their manufacturing capabilities, potentially enabling the company to broaden its service offerings, invest in new technologies, and strengthen its market presence within the oil and gas sector. The strategic capital will likely support efforts to scale production, enhance supply chain efficiencies, and further solidify its reputation for delivering high-quality, precision-engineered components to a global clientele.

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Frequently Asked Questions Regarding Turn-Tech Financial Insights

What are the most recent funding rounds that Turn-Tech has completed, and what were the funding rounds?
Turn-Tech has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Turn-Tech has raised to date?
Turn-Tech has raised a total of $350K in funding to date.
How many funding rounds has Turn-Tech completed?
Turn-Tech has completed 1 funding rounds.
How much funding did Turn-Tech raise in its most recent funding round?
Turn-Tech raised $350K in its most recent funding round.
Who are the lead investors in Turn-Tech's latest funding round?
The lead investor in Turn-Tech's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Turn-Tech's history?
The largest funding round in Turn-Tech's history was $350K.
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